On October 31, 2005, Cascades Inc. completed the refinancing of its existing credit facility with a new multi-currency $550 million credit facility to Cascades Inc., as Canadian borrower, Cascades USA Inc., as US borrower, Cascades Europe SAS, as French borrower, and Cascades Arnsberg GmbH, as German borrower. National Bank Financial Inc., Caisse de dépôt et placement du Québec and Scotia Capital acted as co-lead arrangers of the banking syndicate. In addition, the Bank of Nova Scotia and National Bank of Canada acted as co-administrative agents, Caisse de dépôt acted as syndication agent, and CIBC and Caisse centrale Desjardins acted as co-documentation agents.
The completion of the refinancing was coordinated internally by Cascades' in-house counsel, Robert Hall, together with the assistance of Marc Novello, Martin Racicot and Patrick Daneau of Fasken Martineau DuMoulin LLP in Canada, and of Stephen Hall, Leslie Schafer, Laura Dickman, Phillipp von Raven, Gaël Saint Olive and Isabelle Cousteau of Jones Day in the US, Germany and France.
The co-lead arrangers, the agents and the lenders were represented by McCarthy Tétrault LLP with a team led by Michel Deschamps that included Richard O'Doherty and Mary Jeanne Phelan.
The completion of the refinancing was coordinated internally by Cascades' in-house counsel, Robert Hall, together with the assistance of Marc Novello, Martin Racicot and Patrick Daneau of Fasken Martineau DuMoulin LLP in Canada, and of Stephen Hall, Leslie Schafer, Laura Dickman, Phillipp von Raven, Gaël Saint Olive and Isabelle Cousteau of Jones Day in the US, Germany and France.
The co-lead arrangers, the agents and the lenders were represented by McCarthy Tétrault LLP with a team led by Michel Deschamps that included Richard O'Doherty and Mary Jeanne Phelan.
